banner_ad

Cheque received but not cleared

2666 views 4 replies
Dear Sir,

Cheque received from party on date 29 April but cheque date 31.03 so please suggest in tally which group i creat the ledger cheque received but not cleared.
Replies (4)

To enter a cheque, deposit or accounting entry, proceed as follows:

  1. In the General Ledger tab, Transactions group, click ChequeDeposit or Accounting Entry to display the corresponding window.
    If this is the first entry of a cheque or deposit, the Selecting a Bank window is displayed in order to select the appropriate bank account. The account is displayed on the first line of the table.
  2. On the first line of the table, the Account column displays the default account number used for the first entry of a cheque or deposit. Modify if required. For an accounting entry, enter the appropriate account.
  3. On the second line, enter the Account to debit or credit based on the type of transaction.
  4. Enter the transaction amount in the appropriate column:
    • For a cheque, enter the amount in the Debit column. The amount is automatically entered in the Credit column and in the Cheque Amount field.
    • For a deposit, enter the amount in the Credit column. The amount is automatically entered in the Debit column and in the Deposit Amount field.
    • For an accounting entry, enter the amount in the Debit and Credit columns. The Balance field must display 0.
It should be respective heads . Receipt or payment or others.. Cheque deposits but not cleared those are just for BRS purposes only .Need not require additional ledger.

Enter the clearance date in bank reconciliation
You have to pass the entry on 31st but it will appear in bank reconciliation.
Seperate ledger is not required for cheques deposited but not cleared ..It's just automated from entries made


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details